Market analysts and financial commentators provide crucial guidance in the volatile investment landscape. Cramer says no to VKTX, but expects PLTR to go up.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 9.4% in the morning session after the company announced a collaboration with Palantir Technologies to integrate Palantir's artificial intelligence platforms into its business.
Palantir is strengthening its role in the US industry through partnerships with Lear and Lumen and will showcase customer success stories at its AIPCon 8 event in September 2025.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) fell 3% in the afternoon session after Goldman Sachs initiated coverage on the stock with a Neutral rating and a price target that suggests potential downside. The investment bank set a price target of $4.10 per share. This target was notably below the stock's recent trading price of $4.97, implying a potential decline of over 14%. In its note, Goldman Sachs cited "low levels of conviction" regarding Lumen's business turnaround efforts. The firm pointed to the company's ongoing revenue declines, with management not projecting a return to positive revenue growth until 2029. According to the bank, it would require "more confidence revenue can grow" before taking a more positive view on the shares.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Globalstar (NASDAQ:GSAT) and its peers.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.3% in the morning session after the company announced it is teaming up with Pac-12 Enterprises to power a new era in sports broadcasting.
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lumen (NYSE:LUMN) and the rest of the terrestrial telecommunication services stocks fared in Q2.
Let’s dig into the relative performance of Telephone and Data Systems (NYSE:TDS) and its peers as we unravel the now-completed Q2 terrestrial telecommunication services earnings season.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.5% in the afternoon session after the company announced the appointment of a former Microsoft AI executive to a key leadership role, coupled with a significant stock purchase by its Chief Financial Officer. The network services provider appointed Sean Alexander, a founding executive of Microsoft AI, as Senior Vice President of Connected Ecosystems. In this new role, Alexander is tasked with building a team to drive customer co-innovation, strategic partnerships, and new revenue streams. This strategic hire suggests a stronger focus on high-growth areas like AI.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the terrestrial telecommunication services industry, including Cogent (NASDAQ:CCOI) and its peers.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.7% in the afternoon session after the company announced it has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform, a major milestone since the service's launch. The Network-as-a-Service (NaaS) platform, which launched in late 2023, allows business customers like Best Buy, Foot Locker, and Columbia Sportswear to digitally manage and scale their network connectivity on demand. This milestone follows a recent second-quarter earnings report where Lumen posted a much narrower-than-expected loss per share of $0.03, significantly beating the consensus forecast of a $0.25 loss. During the earnings call, the company had highlighted strong growth in NaaS adoption. Adding to the positive sentiment, the company's CEO recently purchased over $500,000 worth of company stock, signaling strong internal confidence.
Telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 5.4% year on year to $3.09 billion. Its non-GAAP loss of $0.03 per share was 88.7% above analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after a key inflation report met expectations, bolstering hopes for a Federal Reserve interest rate cut, while a separate report indicated rising optimism among small businesses. The July Consumer Price Index (CPI) report showed annual inflation holding steady at 2.7%, aligning with forecasts and increasing the probability of a Federal Reserve interest rate cut to over 94%. Lower interest rates can stimulate the economy by making it cheaper for businesses to borrow and invest.
